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[Wavetimer]

Well first looking at dow utilites classic abc up into a 50% retracement into 422 to 426 area not good ! next is dow 65 comp again classic a b c rally looking for its top into 4192 to 4202 at a .786 retracement ! and .618 of the a wave up is 4202 next is the dow transportation upside into 5260 to 5310 a retest of the old top also a classic ABC RALLY INTO A RETEST TOP .THE BULL IS AT AN END ,QQQQ NEAR MY .382 TO TWO LEGS BEING SAME 5824 =.382 AND 60.20 . SEEM TO BE HEADING TO A MASSIVE DELATION OF ASSETS WILL IT BE DUE TO MUNI OVERSEA DEFAULT MOST LIKEY ALL OF THE ABOVE THE VIEW BE IT HARSH IS EVERYONE THINKS THE FED POMO IS GOING TO KEEP COMING IT TO SURE IT UP WELL IT HAS BECOME A COMMON JOKE FOR TRADERS , AS YOU KNOW I AM WITHOUT QUESTION BEARISH BASED ON MY OWN TIMING AND PRICE PROJECTION WORK THE LAST WEEK I HAVE BEEN POSTING FOR THIS CHANGE IN TREND AND FEEL YOU ARE IN THE LAST HOURS . BEST OF TRADES !!

Edited by Wavetimer, 10 February 2011 - 10:09 PM.